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Ben Voorhorst, President, ENTSO-E
Financing the energy transition – between austerity and the Juncker Plan Ben Voorhorst, President, ENTSO-E European Energy Dialogue, Economic and Social Committee 7 September 2017, Brussels Picture by Aaron Lee
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Who are we? Picture from Fotolia
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A paradigm shift in the power system
PAST PRESENT FUTURE? Variability & decentralisation Smart, data-centric system Electrification of transport Engaged prosumers One-way power flows Predictability Bidirectional flows & smart technologies
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The Energy Transition: Transmission makes it happen
27% renewables by 2030 = +/- 45% for the power system Wind CHALLENGES Hydro Solar System stability Resource variability New connections Changed power flows Integrating demand-side resources Empowering consumers & managing data Unlocking flexibility Flow North-East South-West Flow North-south
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TSOs in ENTSO-E – a success story for regional cooperation
MARKETS Internal Energy Market developed voluntary & regionally EU guideline on capacity allocation & congestion management OPERATIONS Regional security coordinators created on a voluntary basis Registered in the EU system operation guideline PLANNING Regional planning used in the EU 10-year network development process TYNDP used as basis for the EU Projects of Common Interests
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TYNDP 2016 Projects: enabling the European Energy Transition
2x more interconnection capacities by 2030 1% increase in the total consumer bill €150 billion investment till 2030 Integrating up to 60% renewable energy sources Proper return for investors Up to 5 €/Megawatt hour reduction on bulk power prices Gain support from local communities
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The right investment framework needed for the next decade
Looking at the future… Tariffs should be: Stable Adequate to volume Adequate to risk
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The Nord Sea Wind Power Hub: exploiting synergies at the regional level
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The right architecture needed:
Regional Energy Forums (REFs) ensuring regional investments, market development and security of supply Decision-making triangle 1 Member States Regulators Other parties System Operators Regional Security Coordinators 3 Regional TSO cooperation 2 Policy regions Picture from Pixabay
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Electricity: European, regional, national, local – all at once…
Thank you for your attention
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For information
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Network codes The cost of non-Europe:
Network Codes – key enablers for EU energy integration Competitiveness & Social Welfare Sustainability 23 states and 85% of European consumption market coupled 10 million data files made available yearly for 2500 daily users of ENTSO-E transparency platform 260 GW of RES connected 25 GW in 2016 >10 GW of EU demand side response Network codes Security of supply NO multi-state interruptions recent years Up to 300 coordinated tasks/day in a RSC Hundreds trained employees in RSCs programs and offices
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Sector coupling Mobility+ Power & Gas networks (both transmission & distribution) Power + Gas Transmission & Distribution Interface Network interface with market participants
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Power to the users TODAY 2025 INNOVATION …to use it every day
From understanding the core role of data management… Connected data hubs Smart apps to empower prosumers Non-discriminatory access Smartgrids projects Data exchange platforms European guidance TODAY INNOVATION 2025
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Regional Energy Forums for the Energy Union
The way ahead: Regional Energy Forums for the Energy Union Set-up mandatory Regional Energy Forums (REFs) including MSs, TSOs, NRAs with strong stakeholder interaction to promote coordination, progress and speed Ensure consistency and balance between national, regional and pan-European levels and align the REFs through the Electricity Coordination Group Ensure regional and pan-European cooperation through the contribution and commitment of all parties: Governments, regulators, TSOs, stakeholders and citizens
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